India: HeidelbergCement India has clarified that it is ‘unaware’ of reported discussions between its parent company Heidelberg Materials and JSW Cement over the possible transfer of the former’s Indian assets, Reuters has reported.

Heidelberg Materials owns 13.4Mt/yr-worth of cement capacity in India, of which HeidelbergCement India comprises 6.3Mt (47%).

Mexico: Cemex debuted on the sustainability-linked bonds market with an issuance of US$331m on 3 October 2023. The group said that it will use the funds to fully or partly amortise the outstanding balance of its debt instruments.

Cemex is committed to achieving net zero CO2 emissions by 2050.

Vietnam: Exports of cement and clinker from Vietnam totalled 23.9Mt during the first nine months of 2023, down by 0.4% from nine-month 2022 levels. Việt Nam News has reported that the value of the country’s cement exports dropped by 2.6% year-on-year to US$1.03bn.

Throughout 2022, Vietnam exported 31.1Mt of cement, for US$1.36bn.

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